Top U.S. banks hike dividends after sailing through Fed's stress test [Yahoo! Finance Canada]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: Yahoo! Finance Canada
they have enough capital to withstand severe economic and market turmoil in the Federal Reserve's annual health check. Bank of America's dividend will rise to 26 cents a share from 24 cents, and Citigroup's will increase to 56 cents from 53 cents, the lenders said in separate regulatory filings. Morgan Stanley also boosted its dividend to 92.5 cents a share from the current 85 cents, according to a filing. (Reporting by Nupur Anand in New York, additional reporting by Tatiana Bautzer and Saeed Azhar, editing by Lananh Nguyen)
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News
- Top U.S. banks hike dividends after sailing through Fed's stress test [Yahoo! Finance]Yahoo! Finance
- Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend 8% to $0.26 Per Share [Yahoo! Finance]Yahoo! Finance
- Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend 8% to $0.26 Per SharePR Newswire
- France Leads European Stocks Lower in Shaky End to First Half [BNN Bloomberg (Canada)]BNN Bloomberg
- Jefferies Poaches BofA, Citi Rainmakers in European M&A Push [BNN Bloomberg (Canada)]BNN Bloomberg
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 6/28/24 - Form FWP
- 6/28/24 - Form 8-K
- 6/28/24 - Form 8-K
- BAC's page on the SEC website